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My friend, where does everyone draw down this endless endless time? Lots of posters write they will tug away their aim shares for 3 or 5 years.... Cattlemen, one day if I get to reach 60 or 65, then I dont give a flying pigsey what will be in 3, 5 or 10 years time. Its about here and now.
Nice one, updo ! ------ the earlier reconnaissance survey already had discovered what had all the hallmark of a world class porphyry deposit. This was other than the Beruang Kanan prospect. And then...there is a awful lot of gold in those darn hills!!
Sp still nicely holding above the 26ish mid term support. Just my observation. For me, first new positive TA signal if 29.50 is climbed/ held. Large buyers likely to sit at around 31.30p, in my honest opinon. No advice meant. Its best to DYOR as per usual!
What do people think where N4 will stabilize next week? -------- denzal 5,203 posts RE: 3m buy Monday opening should be interesting with an open of at least 10:40 !!
The flood of buyers were helping to lift the Sp above the 627p line for a few hours, but this one last wall remains intact. For now, 630 seems the new 530p, where the Sp struggled to climb. I for one will adjust the trailing stop to see if a few buys trigger at the higher lines. Also lets see if we get some discount prices, as some on here mentioned. Best to DYOR. Have a great start to the week everyone !
Marvellous rise so far, and the Sp hanging up in the air right now without bigger consolidation. Probably bcse of news behind the scenes, as people here referred to. For my individual (mid term) trading strategy all is well as long as the good old 613-614 is maintained. Astonishing strength, given the negative US-China news!
Orackle, untill today, almost two months in a row, those "guesstimates" have worked marvellously marvellously well. Or did you by any chance shout "sell" at 49p? No?? That was a highly valuable info for those who know how to use it. Are you now calculating where Bmn will start a massive new LT uptrend (36.50 & 38.80)? No, you arent. All you do is continue some personal attacks or clogg the board for me with worthless (for my daily strategy worthless) company fundamentals. My genuine apology, but I for one have ZERO interest in the fundamentals of this company, and couldn't care less what business they run tomorrow. I purely follow a tradesignal on the PC screen, and I'm sure you are also good at what you do every day. Right? Have a good week, Orackle. ------- with no reference to actual company fundamentals.
clarkgriswold, this is just a private investor share chat, not a professional business exchange:)) Pease have a little mercy on us humble little PI's (SoulDoubt or whoever you were aiming at.) Some are probably just half your age, right? :D Sorry, but now I have to filter you a little bit. Goodbye!
For me this remains more or less stable as long as this mini support at 34.20 keeps holding. If breached, then just a little more to go / for instance to the long term support around 30.80p. Just my opinion. No advice whatsoever. For me, first positive sign as soon as 36.50 is fully regained. Strong LT signal for my individual strategy, if the 38.80 barrier is climbed (maintained on the hourly chart). Always best to DYOR. Best of luck with your strategy for the new week ahead!
In my opinion this mid term bearish wave from December is slowly coming to an end. So instead of discussing always new retracement targets, one needs to be aware of the sudden rebound potential here. No advice meant of course. Technically BMN has overstretched its normal target of 35.50p by now (approx. 30% off the peak in December). Trading pattern of the last few days show repeated empty downspikes, which looks like someone is fishing for shares... Just my observation. Ophidian already mentioned that BMN has a history of short term retrace, followed by a steep rise. Hopefully before March. I for one will look for a sudden 10-15% bullish day, which would mark the beginning of a new long term uptrend. Best to do your own research!
All fair enough, cattleman. I also hold one leg in the game. Now waiting for RNS that clarify the holdings here... Lets see if I can rebuild my position later on this spring.
Nice one, ma5k !
And now, haha, the discussion has shifted from mean mm's over to bad shorters. They, and only they, have been the reason for the 30% drop here. Right...?
L o L !
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14:04The idea that there are a bunch of malign champagne-sipping, cigar-smoking deviants watching shares closely and conspiring to undermine PIs is ludicrous... The function of Market Making is almost entirely automated and while the computer algorithms are no doubt optimised to ensure profitability (they are a business after all), they nevertheless simply respond to market movements in order to maintain liquidity. Techniques such as widening or narrowing the spread are programmed to temporarily stimulate or subdue trading and the 'misreporting' of buys & sells is a consequence of, not the purpose for, this. They have no interest in whether the SP rises or falls so long as a healthy (liquid) market is maintained. They are heavily regulated and, while malpractice certainly exists in all areas of life, have well-established lucrative businesses which rely on proven integrity for success. In short, they're benign.
Besides no-one needs to conspire to part fools from their money - they are perfectly capable of doing that for themselves!